FSCS

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‘We’re hugely worried’: UK private pension rule changes disrupt retirement plans
Banned from making transfers or told they must wait to retire, older people tell of fears for their life savings

Rupert Jones

02, Mar, 2024 @11:00 AM

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Will my home sale proceeds be protected in my bank account?
Conveyancer will only deposit funds into one account and I may need time to divvy it up elsewhere

Virginia Wallis

04, Jul, 2022 @6:00 AM

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Finance watchdog ‘changed scheme to avoid paying compensation’
Financial Conduct Authority investigated after string of scandals

Jon Ungoed-Thomas

14, Nov, 2021 @8:45 AM

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Outrage over £125m bonuses for staff at UK’s ‘failing’ financial watchdog
Financial Conduct Authority accused of failures ‘from top to bottom’ after a string of scandals

Jon Ungoed-Thomas

10, Oct, 2021 @5:30 AM

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UK taxpayers face £120m compensation bill for LC&F scandal
Government announces payouts for almost 9,000 people who invested in defunct London Capital & Finance

Rupert Jones

19, Apr, 2021 @5:28 PM

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Bitcoin: be prepared to lose all your money, FCA warns consumers
Regulator cautions public over risk of products promising high returns from cryptoassets

Kalyeena Makortoff Banking correspondent

11, Jan, 2021 @10:39 AM

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Investors face £230m loss in London Capital & Finance collapse
Only 159 mini-bond customers affected by scandal due to be compensated, says FSCS

Kalyeena Makortoff

09, Jan, 2020 @4:19 PM

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'One of the biggest financial scandals around': FCA criticised over LC&F
Calls for investigation into financial watchdog after London Capital & Finance collapses with £236m of investors’ money

Patrick Collinson

29, Mar, 2019 @6:00 AM

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‘I lost my cash in a solar project, but after a five-year battle I’ll get it back’
A small investor teamed up with hundreds of others who saw £7.5m go up in smoke. Now they will get compensation

Paul Donovan

28, Jul, 2018 @6:00 AM

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Savings protection limit to go back up to £85,000
Drop in value of pound following Brexit vote prompts Bank of England to propose rise to keep in step with rest of the EU

Hilary Osborne and Jill Treanor

21, Nov, 2016 @12:39 PM

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Manchester Building Society's future in doubt after it reports loss
Chairman says society faces ‘material uncertainty’ amid £4.9m loss but board is doing all it can to save the mutual

Angela Monaghan and Hilary Osborne

15, Apr, 2016 @11:14 AM

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Take care, FSCS changes mean your savings aren’t as protected as they were
EU limits mean the compensation you receive if your bank crashes has been cut by £10,000. You can take steps, but it’s not that simple

Rupert Jones

02, Jan, 2016 @7:00 AM

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